Confessions of a Shopaholic

Brent Pittman —  01/29/2010


I did it.  I watched it.  With my wife of course.  I sat down and watched Confessions of a Shopaholic. It wasn’t as bad as I thought is was going to be.  I mean, it had to do with money, overspending, and finding discipline (along with love).  I loved it when they cut up the credit cards and they were crying and the counselor said that if they cried they had to cut up two cards.  It made me think to myself “Do I have shopaholic tendencies?”

I do like stuff.  Generally expensive stuff with wheels or buttons attached.  So do you?  Do you like stuff?  I am sure that in America there are just as many real life shopaholics out there as there are other -aholics.

In fact this is a real life problem that people are facing due to increased marking, lack of financial education, and lack of discipline and common sense.  Shopaholics Anonymous is a real organization that helps to break addictions.  It is an interesting page to check out.  One quote on the above mentioned website stated:

A recent study, published in the December, 2008 issue of the Journal of Consumer Research suggests that the number of compulsive shoppers/spenders may be closer to 8.9%, more than 25 million Americans.

This is amazing to me that this problem of overspending and compulsive shopping is such a large number, but like any fun activity it can be taken to extremes.  Next time I’m at the Apple Store, I”ll have to keep asking myself “Do I really need this?”

Action: Do you or someone you know need info for Shopaholics Anonymous? 

Brent Pittman

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Brent is a financial coach and writer looking for the perfect donut. He believes personal finance should be both fun and accessible to anyone willing to learn.